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Is Bankinter (BKNIY) Outperforming Other Finance Stocks This Year?

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Investors interested in Finance stocks should always be looking to find the best-performing companies in the group. Has Bankinter SA (BKNIY - Free Report) been one of those stocks this year? By taking a look at the stock's year-to-date performance in comparison to its Finance peers, we might be able to answer that question.

Bankinter SA is one of 866 companies in the Finance group. The Finance group currently sits at #1 within the Zacks Sector Rank. The Zacks Sector Rank gauges the strength of our 16 individual sector groups by measuring the average Zacks Rank of the individual stocks within the groups.

The Zacks Rank is a proven model that highlights a variety of stocks with the right characteristics to outperform the market over the next one to three months. The system emphasizes earnings estimate revisions and favors companies with improving earnings outlooks. Bankinter SA is currently sporting a Zacks Rank of #2 (Buy).

Over the past 90 days, the Zacks Consensus Estimate for BKNIY's full-year earnings has moved 7% higher. This means that analyst sentiment is stronger and the stock's earnings outlook is improving.

Based on the latest available data, BKNIY has gained about 96.8% so far this year. Meanwhile, the Finance sector has returned an average of 14.1% on a year-to-date basis. This shows that Bankinter SA is outperforming its peers so far this year.

Another stock in the Finance sector, Pagaya Technologies Ltd. (PGY - Free Report) , has outperformed the sector so far this year. The stock's year-to-date return is 351.6%.

In Pagaya Technologies Ltd.'s case, the consensus EPS estimate for the current year increased 11.7% over the past three months. The stock currently has a Zacks Rank #2 (Buy).

Breaking things down more, Bankinter SA is a member of the Banks - Foreign industry, which includes 67 individual companies and currently sits at #63 in the Zacks Industry Rank. Stocks in this group have gained about 39.8% so far this year, so BKNIY is performing better this group in terms of year-to-date returns.

Pagaya Technologies Ltd., however, belongs to the Financial - Miscellaneous Services industry. Currently, this 93-stock industry is ranked #52. The industry has moved +7.2% so far this year.

Going forward, investors interested in Finance stocks should continue to pay close attention to Bankinter SA and Pagaya Technologies Ltd. as they could maintain their solid performance.


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